Tiki Tar And Shell India Private Limited

About Tiki Tar And Shell India Private Limited

Tiki Tar And Shell India Private Limited is a newly incorporated joint venture between Shell and Tiki Tar, to supply and market an extensive range of bitumen products based on the Shell Bitumen product portfolio to customers in the pavement sector, including national and state highways, airports runways and racetracks in India, Nepal, Bhutan, and Bangladesh. India is one of the world's fastest-growing economies and a key growth market for Shell. Its bitumen demand is expected to continue to grow from 5.5MT to ~7MT by 2022 with growth in both base grade and modified bitumen. The JV brings together Shell's global brand and technology leadership and Tiki Tar Group's established manufacturing and supply chain network, to capture the growth opportunities of growing demand for bitumen due to the expansion of road networks in India, Nepal, Bhutan, and Bangladesh.